Dividend Declaration

RNS Number : 3252R
Apax Global Alpha Limited
08 March 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, INTO OR WITHIN THE UNITED STATES OR TO "US PERSONS" (AS DEFINED IN REGULATION S UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT")) OR INTO OR WITHIN AUSTRALIA, CANADA, SOUTH AFRICA OR JAPAN. RECIPIENTS OF THIS ANNOUNCEMENT IN JURISDICTIONS OUTSIDE THE UK SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY APPLICABLE LEGAL REQUIREMENTS IN THEIR JURISDICTIONS. IN PARTICULAR, THE DISTRIBUTION OF THE ANNOUNCEMENT MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS.

 

Note that references in this announcement to Apax Global Alpha Limited have been abbreviated to "AGA" or "the Company". References to Apax Partners LLP have been abbreviated to "Apax Partners" or "the Investment Adviser"

 

FOR IMMEDIATE RELEASE

 

8 March 2016

(LSE: APAX)

 

Apax Global Alpha Limited

 

2015 Semi Annual Dividend Announcement

 

This notification is made in accordance with DTR 6.1.13 of the Disclosure and Transparency Rules.

 

The Directors of the Company are pleased to declare that a dividend will be payable, for the financial period ending 31 December 2015 in accordance with the following timetable:

 

Ex-Dividend Date:

17 March 2016

 

 

Record Date:

18 March 2016

 

 

Payment Date:

5 April 2016

 

 

Total Dividend Payment:

GBP 18,121,618

 

 

Dividend Per Share:

GBP 3.69p

 

 

FX Rate:

EUR / GBP of 1.2909 as at 4 March 2015

 

Contact details

 

Investor Relations

Sarah Wojcik

Telephone:

+44 (0)20 7872 6300

Email:

investor.relations@apaxglobalalpha.com                                                                         

 

 

Media enquiries (Apax Global Alpha Limited)

Alex Jones/Georgiana Brunner, Greenbrook Communications

Telephone:

+44 (0)20 7952 2000

Email:

aga@greenbrookpr.com

 

 

Media enquiries (Apax Partners LLP)

Alex Wessendorff

Telephone:

+44 (0)20 7872 6461

Email:

alex.wessendorff@apax.com

 

 

Company Secretary

Matt Horton/Jacques Colley, Aztec Group

Telephone:

+44 (0)1481 749 700

Email:

AGA-Admin@aztecgroup.co.uk

 

About Apax Global Alpha Limited

 

AGA is a Guernsey closed-ended investment company that listed on the London Stock Exchange on 15 June 2015.

 

AGA's objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The Company is targeting an annualised Total Return, across economic cycles, of 12-15% (net of fees and expenses) including a dividend yield of 5% of Net Asset Value (NAV), once fully invested.

 

The investment policy of the Company is to make private equity investments in Apax Funds and Derived Investments which are investments in equities and debt derived from the insights gained via Apax Partners' Private Equity activities. The Company's portfolio is expected to be allocated in approximately equal proportions between Private Equity and Derived Investments, although the investment mix will fluctuate over time due to market conditions, investment opportunities, cashflow requirements, the dividend policy and other factors.

 

Further information regarding the Company and its publications are available on the Company's website at www.apaxglobalalpha.com

 

About Apax Partners LLP

 

Apax Partners is a leading global private equity advisory firm. It operates globally and has more than 30 years of investing experience. Apax Partners has advised funds that total over €34 billion in aggregate as at 31 December 2015. Funds advised by Apax Partners invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide longterm equity financing to build and strengthen worldclass companies. For further information about Apax Partners, please visit www.apax.com.

 

Apax Partners LLP is authorised and regulated by the Financial Conduct Authority in the UK.

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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